Sadeep Acharya

Experience

• 

  Laxmi Bank Limited

  Feb 2008 - Jan 2009

  Assistant

  Handled transactions related to cash , clearing, remittance payments, foreign currencies deal along with draft issuance, telex transfer, marketing bank's products and services etc.

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  NIC ASIA BANK

  Mar 2009 - Dec 2009

  Branch Assistant Manager

  Supervised overall activities of branch related to Cash, Customer Services, Remittance, Accounts, Credit, Marketing etc. for smooth functioning of branch.

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  Siddhartha Bank Limited

  Dec 2009 - Jul 2015

  MAJOR RESPONSIBILITIES:1. Formulation of different policies, procedures, strategies & issuance of head office circulars required for prudent risk management system of the Bank. 2. Verification of the extent of compliance of internal requirements laid down by the management & other statutory authorities through exhibit observation, exception reports, surprise checks & investigations. 3. Handling AML-KYC queries of various national/international banks & other statutory bodies; 4. Surveillance of any deviations or deficiencies in the KYC form, customer information and account activity for monitoring unusual/suspicious transactions to report to Senior Management for carrying out further investigation & necessary actions. 4. World Check/ News check on the individual client, institutions & countries, research on google to eliminate & identify the risk of Politically Exposed Persons (PEP's), Foreign PEP's, Sanctions, Terrorist financing etc.5. Review of bank's corporate governance system, enforcement of proper code of conduct on an ongoing basis & reporting about it to the Bank's management & regulatory bodies as appropriate.MAJOR ACHIEVEMENTS:1. Designed exception & exhibit reports for proper risk monitoring and management2. Prepared Compliance Policy, Corporate Governance Policy, Code of Conduct Policy etc.3. Developed proper mechanisms to track suspicious transactions & strengthen AML frameworks4.Streamlined system & process required for internal- external Compliance and Corporate Governance requirements Show less As the Department In-charge of Internal Audit and Compliance Department, I have significant contribution in recommending to the management and Audit Committee of the Board for effective risk management of the Bank through verification of the extent of compliance of policies, procedures, rules and regulations laid down by the management and other statutory authorities through exhibit observation, exception reports, risk based audit, surprise checks and investigations.MAJOR ACHIEVEMENTS1.Ensured proper internal control through risk based audit of various branches and department. 2. Drafted Annual Audit Plan, Internal Audit Manual, Audit Grading Framework, Compliance Grading System, Department Profile for compliance and governance functions etc.for smooth execution of audit and compliance functions in the department and of the Bank as a whole.3.Conducted special investigations to identify, probe and assess frauds of different categories and risk. 4.Investigated unusual transactions from anti-money laundering perspective and reported details of suspicious transactions to the Financial Information Unit (FIU) for controlling possible crime, suspects and unusual activities. Show less As an active staff of Treasury Department, I ensured lending and borrowing of funds appropriately as per the liquidity position of the Bank, bid on government bonds and treasury bills as per the liquidity and investment requirement of the Bank, monitored funds in Nostro Accounts with proper review of reconciliation statement of all Nostro accounts, maintained cordial correspondent banking relationship , managed all system and procedures to function as a market maker for bond transactions.MAJOR ACHIEVEMENTS1.Ensured sustainable growth of treasury income across years through appropriate investment strategies and diversified pool of treasury investment in stocks, gold, silver, derivative instruments, foreign currencies and government securities along with maintaining cordial correspondent banking relationship.2.Contributed in drafting and reviewing treasury manuals, investment policy, ALCO minutes, department profiles and standard operating procedures required for effective execution of the overall functions of the department Show less As a Branch Manager, I managed the assigned branch successfully by analyzing client base and competitive environment for the market area through solicitation of deposits, advancement of retail loans and proper representation of the Bank in the region/locality in terms of its brand, image & developing new business.MAJOR ACHIEVEMENT1. Managed branch office successfully by soliciting significant business for the organization in a short period of inception.2. Developed a dedicated team of staff for various functions in the branch who have clear goals and responsibilities consistent with bank culture and core values. Show less

  • Assistant Compliance, Corporate Governance and Risk Manager

    Aug 2014 - Jul 2015

  • Department In-charge-Internal Audit and Compliance Department

    Mar 2013 - Aug 2014

  • OFFICER-TREASURY DEPARTMENT

    May 2011 - Mar 2013

  • BRANCH MANAGER

    Dec 2009 - May 2011
• 

  Ncell

  Aug 2015 - now

  Any progressive organization needs continuous engagement with strategic tactics to sustain in the marketplace. As a strategist, I keep priorities of following agendas:-1. Develop, execute and review Ncell's Regulatory and DFS Strategy considering key strategic issues, business and risk aspirations.2. Identify, adopt and internalize time based appropriate strategic tactics to achieve business and other objectives.3. Execute policy advocacy/intervention with writing articles, providing constructive feedback on consultation document, performing regulatory assessment, stakeholder mapping and profiling, sharing thoughts at national and international events, lobbying with regulators, focus groups etc.4. Engage with different internal and external stakeholders to create win-win business environment.MAJOR ACHIEVEMENTS1. Developed Spectrum, DFS, CSR and Regulatory Strategy suitable for Nepal context.2. Strong Position note & regulatory assessment submitted to Regulator and Ministry on MNP, MVNO, NEIR, OTT, 5G, Net Neutrality, Nepal's Telecommunication Regulations Amendment, Interconnection Guidelines, National Numbering By-laws, Infrastructure sharing by-laws etc.3. Policy Advocacy on Prospects and Challenges of IoT to Telecom Operators in SATRC Iran event in May 2018 Show less I believe that future of any service business is in going digital. So, thinking digital... acting digital... doing digital and going digital with Digital DNA & Digital Leadership....really matters in modern organization that wants to keep pace with time and technology. As the Digital Service Professional, I keep priorities of following agendas:- 1. Engage with different regulators, partners, authorities, internal and external stakeholders for development of digital services regulations and ecosystem in Nepal. 2. Assess digital services business environment in Nepal. 3. Augment Ncell's core telecommunication business with digital streams like electronic customer registration, e-top-up, e-commission distribution, digital advertising, music streaming, e-commerce, MIFE, Mobile TV, m-health, m-agri, Digital Financial Services, Mobile Money, Mobile Payments, Mobile Insurance, digital education/learning, video content, Internet of Things (IoT), analytics business etc. or any other digital business/collaboration for New Generation Telco Roadmap 2020 of Axiata Group of Telecommunications. 4. Contribute as member of National Standardization Forum of Nepal Telecommunications Authority in developing standards for streamlining telecommunication sectors of Nepal and to ITU-T and APT study groups. MAJOR ACHIEVEMENTS1. Facilitating Ncell to penetrate more in digital/content services, data leadership & revenue maximization with successful launch & roll out of App Market , Net TV, Yonder Muzic App , Magic Voice, iflix; Game, Sports & App streaming Portal Service.2.Successfully organized Regulatory Exchange Program (REP) to build capacity of regulatory & government bodies of Nepal on MFS in 28-29 November 2016 & on Digital Economy in 5 July 2017.3.Delivered presentation on Digital Payments raising concerns on why Telco led MFS is needed for Nepal on 25 July 2017. 4. Shared insight on Prospects of IoT & Challenges to Operators in SATRC Workshop in Iran on 9 May 2018 Show less As an agile team member of Mobile Financial Services (MFS), I contributed to:1. Establish effective working relationships with financial & telecommunication regulators, bank and financial institutions, potential agents, business correspondents, merchants, vendors, business partners, government agencies of Nepal as well as with international agencies/donars like UNCDF, IFC, Louis Berger, Microsave etc. to build MFS ecosystem for successful deployment of Ncell's Mobile Financial Service Project including its financial structuring, project implementation plan, supervision, research and analysis for country programming.2. Analyse government’s and regulator's policy, administrative systems and procedures for successful launch of Mobile Financial Service Project as well as liaise and work effectively with them.MAJOR ACHIEVEMENTS1.Contributed to development of Licensing Policy for Payment related Institutions 2016 by Central bank of Nepal (Nepal Rastra Bank) & mVAS regulation-2017 by Nepal Telecommunication Authority.2.Selected & on boarded Settlement and Partner Banks for Ncell MFS initiative.3.Prepared MFS business feasibility report, tariff of charges, different policy and procedures documents as required for licensing.4.Identified potential services, KPI's, inherent risk and risk mitigation measures for MFS.5. Prepared objective agent selection criteria, commission structure and territorial demarcation6.Developed MFS Product/Service Strategy, Roadmap, Customer centric business model and go-to-market strategy suitable to the context of Nepal. Show less

  • Strategist

    May 2018 - now

  • Corporate Affairs Department -Digital Services Section

    Jan 2017 - Apr 2018

  • Commercial Department-Mobile Financial Services Section

    Aug 2015 - Dec 2016